SAS to close some international offices, making selective hires in prepping for stock offering

SAS will be closing several international offices affecting some 250 employees and is hiring to fill positions “critical to our business” given the “possibility of a recession ahead of us,” according to an executive for the privately held software company. The moves are made as part of a plan to offer a limited number of shares in a public offering next year, according to a statement provided to WRAL TechWire.